Pironet NDH AG: Sale of shares in xplace GmbH

Cologne, (PresseBox) - Pironet NDH AG announces the sale of its 24.93% share in xplace GmbH to Media-Saturn-Holding GmbH, the parent company of the previous co-partner MS E-Business Concepts & Service GmbH. The sale will take place with immediate effect. The price amounts 3 million euro. In addition, a claim by Pironet NDH AG to retained earnings from fiscal year 2011 amounting to up to EUR 150,000 was agreed.

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